In 2023, rising Bitcoin prices
Beginning in 2023, the cryptocurrency industry saw a significant upswing, led by rising Bitcoin values. Bitcoin managed to soar from a low of $16,900 to its current price of almost $23,000, representing a tremendous rise of over 30%.
Is a Price Correction Coming for Bitcoin?
A price adjustment period is anticipated to follow, as with every price increase. A resistance level has developed at $23,350 in the case of Bitcoin, which is causing a modest decline in price.
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